Drift announced its name change to Velocity and restarted positioning of a new generation of perpetual contract trading platform

According to official sources, Drift, a perpetual contract trading platform, announced today that it has officially changed its name to Velocity, and said that this brand upgrade is intended to reflect the next-generation trading platform architecture it is building.<br /> The team pointed out that in the perpetual contract market, execution speed and directional judgment are crucial. The name "Velocity" aims to reflect trading speed and market momentum, and at the same time marks the platform entering the restart stage.<br /> Officials said that the name change also represents a clear demarcation of the product route: the new platform will adopt a clearer system architecture, stronger security infrastructure and clearer product positioning. Velocity is currently advancing reconstruction work and plans to open private beta versions to some partners and traders in the next few days to verify the stability and performance of the new generation of Solana-based perpetual contract trading system.